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Medicamen Organics Limited

Medicamen Organics Limited, founded in 1995, is a trusted pharmaceutical company specializing in the development, manufacturing, and distribution of a wide range of pharmaceutical dosages, including tablets, capsules, syrups, ointments, gels, and dry powders. Catering to both government and private sectors as a contract manufacturer, the company offers 84 products across various therapeutic categories, such as antibacterials, antifungals, antidiabetics, antihypertensives, and multivitamin preparations. Medicamen Organics has a strong domestic presence and exports to multiple international markets, including Africa, CIS, and Southeast Asia. The company operates two WHO-GMP-approved manufacturing facilities in Haridwar, Uttarakhand, spanning 21,536 square feet. With partnerships with 38 domestic contract manufacturers and 12 merchant exporters, the company employed 116 people as of September 30, 2023, ensuring high-quality production and global reach.

₹32 - ₹34965.49x sub
Listed Price137.85
Listing Gain+305.44%
TimelineBook Built Issue IPO
Open21 Jun 2024
Close25 Jun 2024
Allotment26 Jun 2024
Listing28 Jun 2024

Quota Reservation Portions

RetailPortion: 10,28,000 shares
33.16%
Nii (hni) Portion: 4,40,000 shares
14.19%
AnchorPortion: 8,76,000 shares
28.26%
QIBPortion: 5,84,000 shares
18.84%
Market MakerPortion: 1,72,000 shares
5.55%

Minimum Application Bracket Matrix

Retail1 lots / 4,000 shares
₹1,36,000
HNI2 lots / 8,000 shares
₹2,72,000

About the Company

Medicamen Organics Limited, founded in 1995, is a trusted pharmaceutical company specializing in the development, manufacturing, and distribution of a wide range of pharmaceutical dosages, including tablets, capsules, syrups, ointments, gels, and dry powders. Catering to both government and private sectors as a contract manufacturer, the company offers 84 products across various therapeutic categories, such as antibacterials, antifungals, antidiabetics, antihypertensives, and multivitamin preparations. Medicamen Organics has a strong domestic presence and exports to multiple international markets, including Africa, CIS, and Southeast Asia. The company operates two WHO-GMP-approved manufacturing facilities in Haridwar, Uttarakhand, spanning 21,536 square feet. With partnerships with 38 domestic contract manufacturers and 12 merchant exporters, the company employed 116 people as of September 30, 2023, ensuring high-quality production and global reach.

Company Promoters

Mr. Bal Kishan Gupta